[CSL board] savings account

Fred G. Martin fredm at cs.uml.edu
Wed Aug 16 20:26:54 EDT 2006


Yes, good idea.  Also, from what I read, PayPal should not be trusted  
with direct access to checking account.

Fred

On Aug 16, 2006, at 4:38 PM, Dan MacNeil wrote:

> Josh Harding wrote:
>> Makes sense to me. The only caveats would be that it should be  
>> free (or
>> mostly free), and we should be able to transfer the money out  
>> within a
>> relatively short period of time.
>
> It is free @ enterprise if we keep $250 in it. $10/month otherwise.
> We can transfer money w/in minutes.
>
> Another advantage is that paypal can't plunder savings account the  
> way they theoretically can with checking.
>
> Kristina Ickes
> >What about Jeanne D"Arc Credit Union?
>
> I'm pretty happy with Enterprise so far and odds are good we'll  
> meet minimum balances / get 501c3 deal and pay nothing...
>
>> -Josh
>> On 8/16/06, Dan MacNeil <dan at thecsl.org> wrote:
>>>
>>> It is my plan to open a business savings account for the lab and  
>>> move
>>> monies that should be reserved for future expenses there.
>>>
>>> Having 10,000 in the checking account is tough. Intellectually, I  
>>> know
>>> that the fund balance is actually $1,400, but I am finding it  
>>> hard to
>>> realize that emotionally and make that case to cadre.
>>>
>>>
>>>
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